Hints and tips:
...Global construction PMI data Results: Alfa-Laval Q4, Amgen Q4, BP Q4, Eli Lilly Q4, Ford Q4, H&R Block Q2, Gartner Q4, Infineon Technologies Q1, Linde Q4, Mitsubishi Q3, Nintendo Q3, Omnicom Q4, Prudential...
...The performance of the S&P 500 index is now the most concentrated it has been since the 1970s....
...Alliance Pharma, M&C Saatchi and YouGov all fall in this zone. But it’s not only about individual companies....
...The programme has two objectives: to drive women’s emancipation through professional beekeeping and to raise awareness of how essential bees are to Earth’s biodiversity. guerlain.com; unesco.com H is for...
...Goldman Sachs’ global head of people science Julie Zide-Mandel has joined Morgan Stanley as head of people analytics....
...H: Commerzbank, L: Coinbase What was the name of the New Jersey deli that was at one point worth $100m?...
...“There are no equivalent 100 per cent mortgages in the standard market,” says David Hollingworth of UK mortgage broker L&C....
...C Coaching After Wimbledon, the men’s tour will trial allowing coaching during matches....
...Today, it employs more than 1,000 staff and serves a roster of multinational companies in the Philippines that includes Unilever, P&G, L’Oréal and Nestlé....
...It continues to require members to pursue targets aligned with science-based scenarios in which global warming is limited to 1.5°C....
...It was for her that he designed a Little Black Dress and the fragrance L’Interdit....
...The benchmark S&P 500 ended the quarter down nearly 5 per cent....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...Share prices now reflect whether or not the C-suite is taking the risk from climate change seriously....
...Goldman Sachs, Morgan Stanley and Barclays led the Compass public offering....
...On this basis, we retain a -20% H&M 3Q20E sales decline. From a gross margin perspective, our recent web-scrape data suggests the H&M average price discount in Germany has increased c.600bp yoy....
...A lower EBIT margin online vs C&H as a whole also means that if M&S does grow online to 30% of C&H sales by FY22e, the impact on margins will still be negative....
...Nordics P&C exposure through If P&C and Topdanmark supports around 60% of Sampo’s dividend, where this is expected to remain stable....
...However, in the context of a challenging retail consumer environment, revenue recovery in 2021E still leaves H&M revenue c.-5% below 2019....
...We do not think that management would have referred to “strong cash conversion” and emphasized delivering if the beat in the P&L were not flowing through well to cashflow, so we believe that the commentary...
...Marsh, East Sussex, England Crossword 16,377: John Bevan, London; TF & JM Marshall, Scotland; Rae Seelig, London Polymath 1,057: Bridget Symeonides, Cyprus Crossword 16,371: Mr B Miller, Guernsey; Mr H...
...Avast currently trades at 21x FY21e P/E or c. 5.5% FCFF yield, a level we continue to view as attractive vs. the wider software sector, especially given WFH benefit as well as optionality around M&A/buybacks...
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
...This reflects an overweight position in L&H Re, where exposure needs clarification, and uncertainty over the cancelled FY 2019 dividend....
...However, the outlook is uncertain, rising one-offs make P&L valuations less relevant and cash conversion is declining. In addition, top management changes add another layer of complexity....
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